Antonov State Enterprise (Kyiv) saw a 60.31% fall in net profit under Ukrainian accounting standards in January-September 2017 year-over-year, to UAH 28.78 million. According to a financial report posted on the enterprise’s website, net revenue over the period grew by 56.71%, to UAH 3.737 billion. The company said that in January-June 2017 net profit narrowed … Read more
The National Bank of Ukraine (NBU) has approved the application of StarMoney LLC (Kyiv), the subsidiary of the leading Ukrainian mobile communications operator Kyivstar, and authorized the company to act as an operator of the payment infrastructure, Kyivstar President Peter Chernyshov has said. StarMoney, the 100% subsidiary of Kyivstar, has finally received the status of … Read more
Public joint-stock company Ukrzaliznytsia reduced total debt by 8.7% in January-September 2017, according to the company’s presentation posted on its website. Ukrzaliznytsia also said that a moratorium to pay debts to creditors applied to the debt of Donetsk Railways branch. The debt to one financial institution has not yet been settled. The company has an … Read more
DTEK Power Trade LLC has made a public demand for the minority shareholders of DTEK Zakhidenergo about the squeeze-out. According to a report by DTEK Zakhidenergo in the information disclosure system of the National Securities and Stock Market Commission, the buyout price was set at UAH 130.46 per share. This is the highest price at … Read more
DTEK Energy in the first ten months of 2017 increased purchase of gas coal from the Lviv-Volyn basin by 9.8% compared to the same period last year, to 595,000 tonnes, the press service of the company has reported. According to its data, in October 2017 coal supplies from the basin mines to DTEK stations grew … Read more
Mriya agroholding has finished negotiations on restructuring of secured loans of $130 million, Mriya CEO Simon Cherniavsky said in Ternopil reporting on the state of affairs in the company. “We have finished the restructuring of the secured part of the debt. Now were in the safe zone for these loans,” he said. Total debt of … Read more
Biofarma Plazma LLC has received a heat production, transportation and supply license. Resolution of Kyiv City Administration No. 1309 was published in the Khreschatyk newspaper on November 21, 2017. According to the report, Biofarma Plazma received permission to manufacture, transport by main and local heating networks and supply of heat, except for the implementation of … Read more
The value of the top 100 most expensive brands of Ukraine totals $5.4 billion, according to a study conducted by the Novoye Vremia publication jointly with MMP Consulting. According to the study, the top three most expensive brands are Morshinska estimated at $507 million, Sandora ($312 million) and Roshen ($274 million). The valuation methodology is … Read more
China Development Bank has notified national joint-stock company Naftogaz Ukrainy on the termination of the general loan agreement for the amount of $3.656 billion signed in 2012, the press service of the Ukrainian company has reported. Naftogaz recalled that under the terms of the agreement guaranteed by the state, projects for borrowed funds were to … Read more
TAS Insurance Group (Kyiv) for the ten months of 2017 collected insurance premiums for UAH 825.82 million, which is 34.9% more than the same indicator for January-October of last year, according to the website of the insurer. Out of the total amount of collected premiums, 27.85% fall on compulsory insurance of motor vehicle owners’ civil … Read more